EXERCISE 9-9 Planning Budget L09-1 Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the company's costs: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Fixed Cost Cost per per Month Car Washed $0.80 $0.15 $0.20 $0.30 $5,000 $6,000 $8,000 Administrative expenses $4,000 Rent $1,200 $0.10 For example, electricity costs should be $1,200 per month plus $0.15 per car washed. The company expects to wash 9,000 cars in August and to collect an average of $4.90 per car washed. Required: Using Exhibit 9-2 as your guide, prepare the company's planning budget for August. EXERCISE 9-10 Flexible Budget LO9-1 Refer to the data for Lavage Rapide in Exercise 9-9. The company actually washed 8,800 cars in August. Required: Using Exhibit 9-5 as your guide, prepare the company's flexible budget for August.

Lavage Rapide is a Cenadian company that owns and operates a lerge automatic car wash facility near Montreal. The following table provides estimates concerning the company's costs: For exampie, electricity cocts abouid be $1,200 per month plus $0.15 per car washed. The company expects to wach 9,000 cars in Angast and to collect an average of $490 per car wabhed. Required: Uning [C Exhibit 92 as your zuide, prepare the compary's planning bodget for Augurt. EXERCISE 9-10 Flexible Budget (\$) LO9-1 Refer to the data for Lavage Rapide in (4) Exercise 9-9. The company actually washed 8,800 cars in Angust. Required: Using (C) Exhibit 9-5 as your guide, prepare the company's flexble budget for August. Lavage Rapide is a Cenadian company that owns and operates a lerge automatic car wash facility near Montreal. The following table provides estimates concerning the company's costs: For exampie, electricity cocts abouid be $1,200 per month plus $0.15 per car washed. The company expects to wach 9,000 cars in Angast and to collect an average of $490 per car wabhed. Required: Uning [C Exhibit 92 as your zuide, prepare the compary's planning bodget for Augurt. EXERCISE 9-10 Flexible Budget (\$) LO9-1 Refer to the data for Lavage Rapide in (4) Exercise 9-9. The company actually washed 8,800 cars in Angust. Required: Using (C) Exhibit 9-5 as your guide, prepare the company's flexble budget for August